FirmaIQ
Org.nr 981 894 529 2020 → 2021 Year-over-year analysis

ACCELERATE AS: årsregnskap 2021 vs 2020

Grew 13% on revenue, returned to profit

approved 2022-03-02; registry 2022-03-15; journal 2022 145565

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACCELERATE AS. Revenue 8.61m NOK → 9.73m NOK (+13.0%). Net result -349.3k NOK → +250.7k NOK. Equity 1.65m NOK → 1.65m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCELERATE AS.

At a glance

Scorecard

Revenue
8.61m NOK 9.73m NOK
+13.0%
Operating result
-442.1k NOK +325.7k NOK
+173.7%
Net result
-349.3k NOK +250.7k NOK
+171.8%
Equity
1.65m NOK 1.65m NOK
0.0%
Cash
161.4k NOK 1.20m NOK
+644.3%
Total assets
2.05m NOK 2.78m NOK
+36.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.61m NOK to 9.73m NOK (+13.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -442.1k NOK → +325.7k NOK (op. margin -5.1% → 3.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 349.3k NOK to a profit of 250.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 161.4k NOK → 1.20m NOK (+644.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.67m NOK → 2.56m NOK (31% → 26% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 82.9k NOK → 100.0k NOK (+20.6% YoY). Calculated